What are other central banks thinking after Fed's rate pause?

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The Fed decided to hold interest rates in September, encouraging several other central banks around the globe to follow suit. Yahoo Finance Markets Reporter Ines Ferre highlights which central banks paused rates and which went forward with rate hike plans, while also deciphering the Fed's 'dot plot' to determine what to expect from the November FOMC meeting.

Discover a world of exciting games, from heart-pumping action to brain-teasing puzzles. Get the latest versions of the top games in 2023.Central bank has faced unprecedented challenges when it comes to monetary policy since the pandemicOTTAWA — Canada's inflation rate has been rising for two consecutive months as underlying price pressures remain stubbornly high, a combination that makes the Bank of Canada's next interest rate decision more challenging.

Forecasters were widely anticipating inflation to come in hotter last month due to higher gasoline prices. But Tuesday'TORONTO — Weakness in energy and mining stocks outweighed strength elsewhere on Canada's main stock index Wednesday, which lost just a handful of points, while U.S. markets fell near the end of the day after the U.S. Federal Reserve chose to hold on interest rates.

 

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